Automotive and Mobility

Aerospace and Defense

Consumer

We advised BMW Group, General Motors, Honda,.... Read more

We advised BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis on the establishment of an emerging technologies joint venture, Ionna LLC.

Ionna LLC will expand access to EV charging across the United States and Canada through the installation of an estimated 30,000 high-powered charge points in urban and highway locations.

Lawyers in our Washington, D.C. office led the transaction, with support from our Baltimore, Boston, Houston, and Los Angeles offices and our employee benefits, employment, infrastructure and projects, intellectual property, and tax practices.

We advised Bridgestone Americas, Inc., a global leader.... Read more

We advised Bridgestone Americas, Inc., a global leader in tires and rubber solutions for safe and sustainable mobility, on its minority investment in and commercial arrangement with Avayler, the automotive software as a service business of Halfords Group plc.

The transaction will allow Bridgestone Americas, Inc. to leverage Avayler’s software products in retail stores and mobile applications.

Lawyers in our Baltimore, London, and New York offices led the transaction, with support from our Denver and Washington, D.C. offices and our infrastructure and projects, intellectual property, privacy and cybersecurity, regulatory, and tax practices.

We advised BASF, BMW Group, Henkel, Mercedes-Benz.... Read more

We advised BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen, and ZF on the joint venture to found Cofinity-X.

Cofinity-X will provide products and services for the secure exchange of data throughout the entire automotive value chain within the Catena-X ecosystem.

Lawyers in our Munich office led the transaction, with support from our Alicante, Beijing, Berlin, Düsseldorf, Frankfurt, Hamburg, Mexico City, and Paris offices and our antitrust, employment, intellectual property, and tax practices.

We advised Samvardhana Motherson International Limited.... Read more

We advised Samvardhana Motherson International Limited, a diversified global manufacturing specialist, on its approximately US$158 million acquisition of an 81% stake in Yachiyo Industry Co., Ltd., a TSE-listed subsidiary of Honda Motors.

The transaction will result in a strategic partnership between Motherson and Honda Motors, through which both partners will seek to drive Yachiyo towards a strong, sustainable future.

Lawyers in our Tokyo office led the transaction, with support from our Beijing, Jakarta, Mexico City, Paris, and São Paulo offices and our antitrust and intellectual property practices.

Sector performance

In 2023, automotive M&A volume and value decreased year-over-year as rising interest rates, inflation, and geopolitical tensions weighed on dealmaking in the sector.

While electric vehicle sales continued to grow globally, consumer demand in certain markets fell short of expectations, and United Auto Workers strikes introduced increased labor costs, leading some players to re-allocate capital and adjust product offerings. However, driven by government incentives and the need to innovate in sustainable technologies, OEMs continued to invest in EV supply chains and infrastructure.

Hogan Lovells activities

In 2023, our Automotive and Mobility team helped clients navigate the sector’s rapid technological evolution through strategic M&A, joint ventures, and commercial investments.

We took the driver’s seat at several conferences in the United States and Europe, including Autonomy Paris, IAA Mobility, MOVE London, and MOVE America. Our thought leadership drove the conversation on trending topics, such as energy transition, AI, and European patent law. We also released the seventh edition of our global guidebook Getting the Deal Through – Automotive and Mobility.